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GWS Tool Group Announces Acquires North American Tool Corp.

GWS Tool Group announced it has acquired North American Tool Corp. (NATC). It is the second add-on acquisition in 2020 for GWS. Located in South Beloit, Illinois, North American Tool is a supplier of special taps, dies, and gages.

Advanced Lasers Meet Diverse Needs of Tooling Group

Advanced laser technology has been instrumental in making the four affiliated companies of the Diversified Tooling Group, Madison Heights, Mich., into a leading supplier of single-source manufacturing solutions to the automotive, heavy truck, defense, industrial equipment, power generation, rail and foundry industries.

Walter Acquires Melin Tool Co.

Walter has reached an agreement to acquire the Melin Tool Co., a privately-owned, Cleveland-based company and manufacturer of solid-carbide and HSS end mills, drills and countersinks.

U.S. Cutting Tool Orders Up 10.2% In October from September

October 2019 U.S. cutting tool consumption totaled $216.1 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was up 10.2 percent from September's $196 million

Amada Opens New N.C. Plant; Tech Center to Follow

Amada America Inc., Buena Park, C.A., a supplier of precision sheet metal production equipment and related systems, has expanded its customer coverage in the Southeast with the opening of a 190,000 ft2 (17,652 m²) manufacturing facility near High Point, N.C.

Purchasing Cutting Tools in the Digital Age

You don’t have to spend too much time looking to be overwhelmed with useful information from distributors and cutting tool manufacturers about solutions that yield lowest cost per part, per hole, or per tool.